4th August 2025
In October the UK government will be forced to raise taxes to avoid financial instability.
Who they choose to tax at this next Budget will forge a path for other Western governments facing the same problems.
Here's what they're planning - and why it could be the beginning of the end for the middle class.
00:00 Intro
00:47 Why this year's UK Budget matters
02:10 What they will announce
02:50 Governments are going bankrupt
08:25 Do they have other options?
10:48 Tax the rich or tax the middle class
11:15 Rich vs middle class vs working class
12:29 Do not trust the rich
13:13 My message to middle class people
15:04 What I mean by "tax the rich"
16:09 The rich are WINNING
Gary Stevenson (born 1986) is a British YouTuber and former financial trader known for his economic commentary and activism against economic inequality.
https://en.wikipedia.org/wiki/Gary_Stevenson_(economist)
The Squeeze Out - mentioned in the video
The Squeeze Out
Why Labour is crushing your living standards
Behind the dry statistics of the Spring Statement is a bleak reality. The Labour government is doing austerity 2.0 in the UK. Here's why - and what you can do about it.